Director Shareholding

RNS Number : 2295Q

Capital & Regional plc

28 November 2016

 

28 November 2016

CAPITAL & REGIONAL PLC ("Capital & Regional" or "the Company")

UK company number 01399411

LSE share code: CAL             

ISIN: GB0001741544

LEI: 21380097W74N9OYF5Z25

DIRECTOR SHAREHOLDINGS

On 25 November 2016 the Company received notification that Mstead Ltd had entered into an arrangement on 25 November 2016 to pledge 15,000,000 of their ordinary shares in the Company as security in respect of an investment arrangement. 

Louis Norval, a Non-Executive Director of the Company, has a beneficial interest in Mstead Ltd.  Mstead Ltd has a total shareholding of 69,978,847 shares, representing 9.964% of the Company's issued share capital.  The shareholding is maintained on the London Stock Exchange. 

Separate to the above it is noted that the announcement on 23 November 2016 quoted Hugh Scott-Barrett's total interest in shares in the Company as 2,197,461.  The figure should have been stated as 2,206,826 ordinary shares.

ENDS

For further information:

Capital & Regional:	Tel:  [phone]
Hugh Scott-Barrett, Chief Executive
Charles Staveley, Group Finance Director

Notes to editors:

About Capital & Regional plc

Capital & Regional is a UK focused specialist property REIT with a strong track record of delivering value enhancing retail and leisure asset management opportunities across a c. £1 billion portfolio of in-town dominant community shopping centres.  Capital & Regional is listed on the main market of the London Stock Exchange and has a secondary listing on the Johannesburg Stock Exchange.   

Capital & Regional owns six shopping centres in Blackburn, Hemel Hempstead, Luton, Maidstone, Walthamstow and Wood Green. It also has a 20% joint venture interest in the Kingfisher Centre in Redditch and a 50% joint venture in the Buttermarket Centre, Ipswich.  Capital & Regional manages these assets, which comprise over 830 retail units and attract c. 1.6 million shopping visits each week, through its in-house expert property and asset management platform.

For further information see www.capreg.com.                            

 

END

 

 

DSHEAXFSADPKFFF